July 17, 2019 (Napa, CA) – Pulido~Walker, founded by proprietors Mark Pulido and Donna Walker, has completed the purchase of Carmen and Gail Policy’s Yountville Estate, which includes a residence designed by esteemed architect Howard Backen, as well as the Policy Estate Vineyard. The transaction closed July 15, 2019.
The acquisition of the Policy Vineyard increases Pulido~Walker’s single vineyard designate Cabernet Sauvignon wine offerings to four remarkable sites – Mt. Veeder Estate Vineyard, Melanson Vineyard on Pritchard Hill, Panek Vineyard and the Policy Vineyard. This addition also brings Pulido~Walker’s Napa Valley owned holdings to 25 planted acres of exceptional Cabernet Sauvignon grapes at Mt. Veeder Estate and Policy Vineyard. Award-winning winemaker Thomas Rivers Brown will continue to oversee all wine making operations for both families’ highly acclaimed wines, Casa Piena and Pulido~Walker.
Aspect Consumer Partners, a leading consumer and wine industry-focused M&A, strategic and corporate finance advisory firm, acted as financial advisor to Carmen Ploicy in connection with the transaction. Financial terms of the transaction were not disclosed.